FIRST DEX on MANTRA Chain · White Whale V2 · Cosmos IBC · VARA Licensed

Swap Real World Assets. Real Estate · Commodities · Private Credit · Tokenized Funds

MANTRA Swap is the first decentralized exchange on MANTRA Chain — the world's leading RWA Layer 1 blockchain. Swap tokenized real-world assets, farm rewards, and earn MANTRA tokens. Permissionless. Cosmos IBC. VARA licensed.

View Pools
Swap RWA Tokens
You Pay
M
MANTRA
Balance: 0.00 MANTRA MAX
You Receive
tBTC-RWA
Balance: 0.00 tBTC-RWA Tokenized BTC
Exchange rate1 MANTRA = 0.000142 tBTC-RWA
Price impact<0.01%
RouteMANTRA → USDC → tBTC-RWA
Fee0.30% · White Whale V2
Min received0.00 tBTC-RWA
$108MMANTRA Ecosystem Fund
10,000TPS Throughput
VARADubai Licensed
IBCCosmos Cross-chain
CosmWasmSmart Contracts
MANTRA Price$0.0189
Token Swap1 OM = 4 MANTRA ✓
First DEXMANTRA Chain · White Whale V2
VARA LicenseDubai VARA ✓
MANTRA/USDTBinance · Bybit · Gate
IBCCosmos SDK · CosmWasm
RWA Market$30B+ Tokenized 2025
Ecosystem Fund$108M · 4-year deploy
MANTRA Price$0.0189
Token Swap1 OM = 4 MANTRA ✓
First DEXMANTRA Chain · White Whale V2
VARA LicenseDubai VARA ✓
MANTRA/USDTBinance · Bybit · Gate
IBCCosmos SDK · CosmWasm
RWA Market$30B+ Tokenized 2025
Ecosystem Fund$108M · 4-year deploy
Liquidity Pools

Active RWA Pools

All pools on MANTRA Swap are permissionless — anyone can create a pool or farm for a token pair. Powered by White Whale V2 singleton contracts.

PoolAPYTVLVolume 24hAction
M
$
MANTRA / USDC
Core pair · High volume
▲ 32.4% $14.2M $3.8M
$
tBTC-RWA / USDC
Tokenized Bitcoin · RWA
▲ 18.7% $8.6M $1.2M
🏠
$
REALTY / USDC
Tokenized Real Estate · Dubai
▲ 24.1% $5.4M $680K
Au
M
tGOLD / MANTRA
Tokenized Gold · Commodity RWA
▲ 14.8% $3.2M $420K
📄
$
tTBILL / USDC
Tokenized T-Bills · Treasury
▲ 8.4% $2.1M $210K
Tokenized Asset Classes

Every RWA.
One DEX.

MANTRA Swap is the primary trading venue for every asset class tokenized on MANTRA Chain — real estate, commodities, private credit, and tokenized funds.

🏙️
Dubai · UAE · Global

Real Estate

Trade fractional ownership tokens backed by Dubai skyscrapers, UAE commercial properties, and global real estate. MANTRA Chain enables full regulatory compliance via VARA and KYC/AML at the chain level. DAMAC Group partnership established.

🥇
Gold · Silver · Oil

Commodities

Tokenized gold, silver, and energy commodities — tradeable on-chain 24/7 without custodian friction. Backed by physical assets held by regulated custodians. Swap between tGOLD, tSILVER, and tOIL against MANTRA or USDC in permissionless pools.

📊
Credit · Bonds · Funds

Private Credit & Funds

Access tokenized private credit instruments, corporate bonds, and tokenized funds. MANTRA Chain's compliance modules ensure institutional-grade permissioning without sacrificing on-chain composability and DeFi liquidity depth.

Liquidity Farming

Farm MANTRA Rewards

Provide liquidity to any pool on MANTRA Swap and earn MANTRA token rewards per epoch. Farms are permissionless — any project can create a farm for their liquidity pair.

Your MANTRA Rewards

Connect your wallet to view accrued MANTRA from liquidity farming and governance staking.

Claimable MANTRA
0.0000 MANTRA
≈ $0.00 USD · Epoch: Pending connection

Protocol Stats

Live MANTRA Swap metrics. First DEX on MANTRA Chain — built on White Whale V2 with permissionless pool and farm creation via CosmWasm singleton contracts.

MANTRA Price $0.0189
Top Pool APY 32.4%
Chain TPS 10,000
Ecosystem Fund $108M
Institutional Partners
DAMAC Group
Google Cloud
Laser Digital
Shorooq
Brevan Howard
UOB Bank
Protocol Architecture

Built on White Whale V2

MANTRA Swap is based on White Whale V2's singleton contract architecture — optimised for composability, lower gas, and easy integration with other protocols on MANTRA Chain.

01 // POOL_MANAGER 🏊

Pool Manager

Manages all liquidity pools on MANTRA Swap. Handles pool creation (permissionless), swap routing, and fee collection. Depends on Farm Manager and Fee Collector via singleton contract dependencies.

02 // FARM_MANAGER 🌾

Farm Manager

Manages epoch-based farming and reward distribution on all pools. Permissionless farm creation — any token project can create incentivised liquidity farms. Epoch clock via the Epoch Manager contract.

03 // FEE_COLLECTOR 💰

Fee Collector

Collects swap fees and pool/farm creation fees accrued by the protocol. Fees are routed to MANTRA DAO governance treasury for buybacks, burns, and ecosystem grants via on-chain governance proposals.

FAQ

About MANTRA Swap

What is MANTRA Swap?

MANTRA Swap is the first decentralized exchange (DEX) on MANTRA Chain — the world's first RWA Layer 1 blockchain. Built on White Whale V2, it enables permissionless swaps of tokenized real-world assets (real estate, commodities, private credit) with liquidity farming and MANTRA token rewards.

What is the MANTRA token (previously OM)?

MANTRA rebranded from OM in early 2026 with a 1:4 token swap (1 OM = 4 MANTRA). MANTRA is the native token of MANTRA Chain used for governance, gas fees, and liquidity mining rewards on MANTRA Swap. Binance, Bybit, Gate, and other major exchanges now list MANTRA/USDT.

How does permissionless pool creation work?

Anyone can create a liquidity pool on MANTRA Swap by paying a creation fee to the Fee Collector contract. Similarly, any project can create an incentivised farm for their pair. The Pool Manager and Farm Manager singleton contracts handle routing, epoch management, and fee distribution automatically.

What is VARA and why does it matter?

VARA is Dubai's Virtual Assets Regulatory Authority. MANTRA Chain was the first DeFi/RWA platform to obtain a VASP license from VARA — enabling regulated on-chain trading of tokenized real-world assets. This means institutions can use MANTRA Finance under full regulatory compliance, unlike unregulated DeFi platforms.

What RWA assets can I swap on MANTRA Swap?

MANTRA Swap supports tokenized real estate (Dubai/UAE properties via DAMAC partnership), tokenized commodities (gold, silver, oil), tokenized T-Bills and government bonds, private credit instruments, and tokenized funds — all tradeable against MANTRA, USDC, or USDT in on-chain pools.

What is White Whale V2 and why is it used?

White Whale V2 is a Cosmos-native AMM protocol built around singleton contracts — a single contract manages all pools rather than deploying separate contracts per pair. This dramatically reduces gas costs, simplifies composability, and makes MANTRA Swap easier to integrate with other protocols on MANTRA Chain via Cosmos IBC.